4 High Yielding Canadian Stocks

When investors look for exciting investment destinations, countries like Malaysia, Peru and China often top their lists. Funds like the iShares MSCI Malaysia Index (NYSE:EWM) have surged as investors have looked towards the exotic to find gains. Still, as these emerging nations continue to grow, their demand for natural resources remains insatiable. Our often ignored neighbor to the North with its vast supply of natural resources, may make it just as an exciting proposition as Estonia.

Boasting the world's second largest oil reserves behind Saudi Arabia, Canada could be investors' developed ticket into emerging markets. The nation could almost be viewed as a commodities hyper-market, providing all the necessary ingredients that fast-growing countries in Asia and South America need to build infrastructure and support increased consumerism.

Major exports including oil, grains, industrial and precious metals are all set to increase. Analysts forecast a nearly 57% increase in Canadian exports to Asian-Pacific nations this year. Furthermore, while Canada is known for its energy and minerals resources including the rich oil sands of Alberta, the nation is also an agricultural superstar. (To learn more, see Canada's Commodity Currency: Oil And The Loonie)

The country is one of the world's largest producers and exporters of wheat, canola and fertilizer. As the planet continues to grip with food crunches and shortages, these agricultural exports will ultimately help boost Canada's bottom line.For investors interested in adding some Canadian exposure into their portfolio, the iShares MSCI Canada Index ETF (ARCA:EWC) would be a nice straight forward choice.

For dividend investors, there are a number of Canadian companies that also yield dividends that are far more generous than EWC's 1.92%.

Bottom Line:While not exotic, Canada's supply of rich natural resources and sound financial system makes it a sound investment destination. Likewise, those interested in another source of dividends may want to take a closer look as well.